Waddell & Reed Adv Asset Strategy B
6300 Lamar Avenue Overland Park KS 66202
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Phone: 888-923-3355
| Category: | World Allocation | | Fund Family: | Waddell & Reed | | Net Assets: | 122.61M | | Year-to-Date Return: | -27.03% | | Yield: | 0.00% | | Morningstar Rating: |  | | Fund Inception Date: | 06-Oct-99 |
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Michael L. Avery
Lead Manager since
01-Jan-97 | | | Avery joined Waddell & Reed as director of investment research in August 1987 and began managing portfolios for the company in 1994. He was also an assistant vice president and senior investment analyst with the company from 1981 to June 1986, after which he spent a year as a vice president of investor relations with Torchmark Corporation. Avery also spent three years as an assistant investment officer with Mercantile Trust Company. |
| Min Initial Investment: | $500 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $25 |
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| The investment seeks high total return over the long term. The fund allocates the assets among primarily stocks, bonds and short-term instruments of issuers located around the world. The fund may allocate the fund's investments among these different types of securities in different proportions at different times. It may invest in any market that WRIMCO believes offers a high probability of return or, alternatively, that provides a high degree of safety in uncertain times. The fund also may buy or sell options or futures contracts. |
| Last Dividend
(16-Dec-04):
| 0.00 | | Last Cap Gain
(13-Dec-07):
| 0.68 | | Annual Holdings Turnover
| 110.00% | | Average for Category:
| 58.50% |
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| Expense | WBASX | Category
Avg | | Total Expense Ratio: | 1.98%
| 1.20% | | Max 12b1 Fee: | 1.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.39% | | Max Deferred Sales Load: | 5.00%
| 2.36% | | 3 Yr Expense Projection*: |
$924 | $683 | | 5 Yr Expense Projection*: |
$1,173 | $1,069 | | 10 Yr Expense Projection*: |
$2,100 | $2,122 |
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2.63% Nasdaq 0.00%
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